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Whale/Institution Accumulates $136 Million Worth of WBTC and ETH in 6 Days Through Recurring Loans
Summary: According to reports, a whale/institution has accumulated $136 million worth of WBTC and ETH in the past 6 days through recurring loans on OKX and Bybit. They first deposited some WBTC and ETH into Aave from OKX and Bybit, then borrowed USDT to transfer to Bybit, and then continued to withdraw WBTC and ETH from ...
According to reports, a whale/institution has accumulated $136 million worth of WBTC and ETH in the past 6 days through recurring loans on OKX and Bybit.
They first deposited some WBTC and ETH into Aave from OKX and Bybit, then borrowed USDT to transfer to Bybit, and then continued to withdraw WBTC and ETH from OKX and Bybit.
Currently, they have accumulated 918.6 WBTC ($108 million, average cost $118,833) and 6,218 ETH ($28.33 million, average cost $4,511) in 6 days. The borrowing on Aave amounts to $29 million.
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Link: Whale/Institution Accumulates $136 Million Worth of WBTC and ETH in 6 Days Through Recurring Loans [Copy]
